Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending
Google’s parent company, Alphabet, beat Wall Street expectations on Wednesday, and i…
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2026 › February › 04
AI
5 months ago
Broadcom, Nvidia shares rise on surging Google capital expenditures for AI ⊕
Much of Google's AI software doesn't run on industry-standard Nvidia chips, but instead on its own tensor processing units. Broadcom helps Google make its TPUs.
Arm CEO says AI software sell-off a ‘micro-hysteria’ ⊕
SoftBank-owned chip group forecasts strong growth in data centre business but shares slide amid wider tech stock rout
Nvidia-backed AI voice startup ElevenLabs hits $11 billion valuation in fresh fundraise, as it eyes IPO ⊕
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a story from CNBC ⚠️ › World News
Global funding for AI startups hit record levels in 2025, with European ones raising a record $21.6 billion, per Dealroom.
Not all software faces the same threat from AI ○
From security services to those able to reinvent themselves, many may survive the AI armageddon
What happened on day one of World Governments Summit in Dubai? ⊕
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The World Governments Summit opened in the United Arab Emirates on Tuesday with calls for governance reform, AI oversight and diplomatic solutions to regional tensions. Euronews brings you the play-b…
FTSE 100 hits record high and surges past 10,400 points despite AI woes ⊕
The FTSE has reached a new high, pushing past 10,400 points despite a continued selloff in software stocks.
AMD is down 9% after reporting earnings. Here's why ○
The chipmaker's stock has surged over the past year amid the AI boom
Software stock sell-off goes global amid fears over AI-led disruption – business live ○
Rolling coverage of the latest economic and financial news
Yesterday’s software sell-off marked “a dramatic acceleration” of the recent trend, says market strategist Jim Reid of Deutsche Bank, adding:
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CNBC's The China Connection newsletter: For Chinese businesses, it's not about which AI is the smartest ⊕⊕
While U.S.-China AI competition has focused on intelligence, businesses in China have a different benchmark for choosing AI tools.